Ex-CEO of Adelphia Communications Corp John Rigas is currently serving 12 years in prison for his part in committing securities fraud, which eventually caused the company to collapse. He has since received a terminal cancer diagnosis and, according to his lawyers, his health is "precipitously deteriorating.

FINRA (Financial Industry Regulatory Authority) is a self-regulating organization that calls itself the investment industry watchdog. It has also been given the authority by the SEC (Securities and Exchange Commission) to police the activities of Wall Street stock brokers and investment firms.

The Financial Industry Regulatory Authority (FINRA) is considering a new rule that would govern the hiring process pertaining to stockbrokers and other brokerage firm employees. The proposed rule would mandate that brokerage firms perform an in-depth background investigation on new employees before bringing them on board.

Instead of expecting to spot Mark Cuban courtside at a Dallas Mavericks game this week, anticipate seeing him in federal court in front of a jury.The U.S. Securities and Exchange Commission (SEC) has brought a civil insider trading lawsuit against Mark Cuban which will be tried in front of District Judge Sidney Fitzwater.

A Security is an investment instrument. It includes investments such as stocks, notes, bonds, debentures, and investment contracts. To provide fair disclosure to investors, Congress enacted the Federal Securities Laws, which is administered by the Securities and Exchange Commission (SEC).